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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Long-Term Downtrend (-90) - MXNCZK is in a strong downtrend that is likely to continue. While MXNCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MXNCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNCZK
Open High Low MXNCZK Price Change
1.029860 1.037855 1.027165 1.034140 +0.004280
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term down The long-term trend has been DOWN since Feb 19th, 2021 at 1.0416325

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2021 at 1.0635500

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 1.0247050

Smart Scan Analysis for MXNCZK

Based on our trend formula, MXNCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.029860 1.037855 1.027165 1.034140 +0.004280
Prev. Close Volume Bid Ask Time
1.029860 2021-02-26 14:54:51
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